8.704 ± AC Development Opportunity - 2 Commercial Parcels - Frontage on U.S. Hwy. 1 - Port Aquia Dr., Stafford, VA
Live auction by Motleys Asset Disposition Group
Starts Jun 12, 2018 3:00 PM EDT
Location: Port Aquia Drive and US Hwy 1, Stafford, VA 22554
Auction Date and Time: June 12, 2018 @ 3:00 pm Auction Location: Stafford Circuit Court - 1300 Courthouse Rd., Stafford, VA 22555 For More Information, Please Contact Tim Dudley at (804) 601-4087 or Richard Bryan at (804) 655-2412 Sale Brochure Sale Flyer | Plat Map | B-2 Zoning Ordinance Tax Record - Lot 1 | Topographic Map - Lot 1 Tax Record - Lot 2 | Topographic Map - Lot 2 Bidder Registration Form | Broker Registration Form Summary of Offerings: Offering 1 - Lot 1 – 3.9651 AC - PID: 21U 1 1 – Assessed Value: $1,727,200 Offering 2 - Lot 2 – 4.7391 AC - PID: 21U 1 2 – Assessed Value: $2,064,400 Offering 3 - Lots 1 & 2 – 8.704 AC – PID: 21U 1 1 & 21U 1 2 – Combined Assessed Value: $3,791,600 Highlights: 2 Parcels Totaling 8.704 ± AC Zoning: B-2 Urban Commercial 868' of Combined Frontage on U.S. Hwy. 1 Combined Assessed Value: $3,791,600 Water, Sewer, Electric, Gas, Telephone Available to Site Annual Average Daily Traffic Count (U.S. Hwy. 1): 28,000+ Annual Average Daily Traffic Count (Port Aquia Dr.): 1,300+ Description: SVN/Motleys is proud to present, via foreclosure, 2 commercial parcels totaling 8.704 ± AC located in Stafford County (VA) at the signalized intersection of U.S. Hwy. 1 and Port Aquia Dr. Both parcels are part of the Port Aquia Commercial District and are surrounded by hotels, shopping centers and restaurants; additionally, the Port Aquia townhouse subdivision is just 0.05 ± miles from the subject site. Don’t miss out on this excellent opportunity to develop retail, office, mini-storage, or a hotel in an area with high visibility and easy access! Lot 1 totals 3.9651 AC (172,720 SF) and is located at the southwest quadrant of U.S. Hwy. 1 (Jefferson Davis Highway) and Port Aquia Dr. This is a wooded site with approximately 511’ of frontage on U.S. Hwy. 1 and 722’ of frontage on Port Aquia Dr. Lot 2 totals 4.7391 AC (206,435 SF) and is located at the northwest quadrant of U.S. Hwy. 1 (Jefferson Davis Highway) and Port Aquia Dr. It is a wooded site with approximately 357’ of frontage on U.S. Hwy. 1 and 639’ of frontage on Port Aquia Dr. Portions of the northern end of Lot 2 are encumbered by the Resource Protection Area of the Chesapeake Bay Act. The exact acreage of the encumbered area is unknown; however, development can be designed around these areas. Lot 2 is also encumbered with a small area of wetlands in the northwestern corner of the site which is outside the RPA. This area does not appear to impact the development of the site. Both parcels are zoned Urban Commercial (B-2) by the County of Stafford. The purpose of this district is to designate appropriate areas for high intensity commercial uses intended to serve retail sales and service and business and professional service needs, at a regional or countywide scale. Permitted uses for the two subject parcels include banks, child care centers, hotel/motels, convenience center, general and professional offices, low and medium intensity commercial retail uses, restaurants and mini-storage warehousing. Both parcels are restricted from the following uses: light warehouse, broadcasting stations, plumbing/electrical supply, auto sales and service, travel trailer parks, commercial kennel, nursery/greenhouse, lumber and building supply, machinery sales and service, dance hall or wholesaling. Location: The subject parcels are conveniently located between I-95 and U.S. Hwy. 1, just 14 ± miles north of Fredericksburg, VA and only 40 ± miles south of Washington, DC! Both parcels are also located less than 1.5 ± miles from Exit 143A: Garrisonville Rd on I-95, less than 3 ± miles to downtown Garrisonville, VA, less than 5 ± miles to downtown Stafford, VA, and are approximately 9 ± miles from the Quantico Marine Corps Base and 37 ± miles from Fort A.P. Hill.